SheridanStore had a balance in the Accounts Receivable account of $510000 at the beginning of the year and a balance of $690000 at the end of the year. Net credit sales during the year amounted to $6420000. The accounts receivable turnover was

a.10.3 times.

b.12.6 times.

c.10.7 times.

d.5.4 times.

Waterway, Inc. had net credit sales of $10900000 and cost of goods sold of $5000000 for the year. The average inventory for the year amounted to $781250. The average days in inventory during the year was approximately

a.26 days.

b.37 days.

c.42 days.

d.57 days.